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The Dow took a 5% plunge today, marking a new record for post election stock market drops and eclipsing the previous record of -4.5% in 1932, the day after FDR was elected. Our Messiah is already following in the great FDR's footsteps. On the whole, more than $6 trillion has been erased in this year's bear market. That's a bad thing, because none of that wealth can be redistributed.

If you live in Europe and you are an American, it's now okay for Europeans to be friends with you. Heck, some Austrian hottie might even plant a big one on your cheek. Viva Obama!

Rahm Emanuel has been reportedly tapped to be Chief of Staff in the Obama White House. The choice of Emanuel, a top adviser for President Bill Clinton, proves that our new leadership is interested in reaching across the aisle to embrace those with differing political views.